Stock Option Grants

Posted on Thursday April 13, 2006

The Company announces that it has granted, subject to regulatory approval, incentive stock options to Markku Isohanni, a director, the right to purchase an aggregate of 75,000 common shares, exercisable for five (5) years at the price of $0.40 cents per share.

BELVEDERE RESOURCES LTD. David Pym, CEO

For further information, please contact:
Belvedere Resources Ltd: +358-9-2516-6334
Steve Cuthill: +1-604-408-0550

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